trader
Reuters
  • Singapore shares fell for a second session on Wednesday, dragged lower by lenders such as DBS Group and United Overseas Bank.
  • The Straits Times Index lost 0.61 percent or 20 points to end at 3,274.
  • Noble Group fell as much as 4.3 percent after S&P Global Ratings and Moody's Investors Service again cut their ratings by two notches, pulling them deeper into junk territory and closer to the likelihood of default.
  • Shares of Best World International fell 0.8 percent on news of China's crackdown on pyramid schemes.
  • Singapore-based electronics firm Creative Technology said it won a lawsuit against Chinese tech company Huawei, with the latter paying S$36 million in damages.